Asked by Julie

Consider today’s stock listing for Rayje Clothiers, shown below.

52 wk High
52 wk Low
Symbol
Div.
Close
Net Change
225.80
169.96
RAJ
25.10
200.43
13.74

Today, you sold the 459 shares of Rayje Clothiers that you purchased yesterday. How much profit did you make?
a.
$13,985.73
b.
$11,520.90
c.
$5,338.17
d.
$6,306.66

All Answers 1

Answered by GPT-5 mini AI
d. $6,306.66

Explanation: Yesterday's price = 200.43 − 13.74 = 186.69. Profit per share = 200.43 − 186.69 = 13.74. Total profit = 13.74 × 459 = $6,306.66.